Sattva Engineering Construction IPO
LiveAlready have an account? Apply now
Schedule of Sattva Engineering Construction
| Issue open date | 26 Aug 2025 |
| Issue close date | 29 Aug 2025 |
| UPI mandate deadline | 29 Aug 2025 (5 PM) |
| Allotment finalization | 01 Sep 2025 |
| Refund initiation | 02 Sep 2025 |
| Share credit | 02 Sep 2025 |
| Listing date | 03 Sep 2025 |
| Mandate end date | 13 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 01 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 30 Nov 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Sattva Engineering Construction
Sattva Engineering Construction, headquartered in Chennai, is an EPC contractor specializing in water resource management projects such as water supply schemes, sewerage networks, treatment plants, and overhead and underground tanks. The company also undertakes residential infrastructure projects including apartments and bungalows. It is ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certified and holds Class I contractor status with multiple government and municipal authorities.
Financials of Sattva Engineering Construction
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹35.58 crores |
| Fresh Issue | ₹35.58 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Working capital requirements | 27.50 (77.72%) |
| General corporate purposes | 7.88 (22.28%) |
Strengths
- Consistent financial growth with improved profitability year-on-year.
- End-to-end project execution supported by in-house engineering expertise.
- Strong order book from government and municipal bodies.
- ISO-certified operations ensuring quality, safety, and compliance.
- Diversified portfolio across water, waste, and residential infrastructure.
Risks
- SME scale limits visibility compared to larger competitors.
- Intense industry competition may pressure margins.
- Heavy reliance on government contracts and tender cycles.
Allotment Status for Sattva Engineering Construction
To check your allotment status – click here.
Subscription Figures for Sattva Engineering Construction
As per media reports (Link), the Grey Market Premium (GMP) of Sattva Engineering Construction is reported at ₹19 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on August 26, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 8.88 | 0 | 0.00x |
| NII | 6.91 | 13.77 | 1.99x |
| Retail | 15.68 | 30.08 | 1.92x |
| Total | 31.47 | 43.85 | 1.39x |